BAJAJHCARE Symmetrical Triangle breakout

Long

BAJAJ HEALTHCARE LIMITED (BSE_DLY:BAJAJHCARE)

BSE_DLY:BAJAJHCARE BAJAJ HEALTHCARE LIMITED

BAJAJHCARE BAJAJHCARE

Time Frame – Weekly

Observations: -
* Symmetrical Triangle breakout done with good volume
* High Volume activity seen since last 4 weeks
* Price taken support at weekly 200 SMA and gave good bounce.

Resistance – 512 / 637 / 778 / 875

Support – 375-420 zone

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